First Merchants: Peers

The FY2025 (Dec) proxy of First Merchants names 19 peer companies for pay. Among First Merchants and these peers, CEO pay was the lowest of 10 and total shareholder return was 8th highest of 10.

10th highest of 10in First Merchants and its pay peers, FY2025 (Dec) by CEO pay:

$2.4M$6.2M

8th highest of 10in First Merchants and its pay peers, FY2025 (Dec) by total shareholder return:

$105$208

Pay peer group, FY2025 (Dec) proxy

United Community Banks
Ameris Bancorp
Fulton Financial
Atlantic Union Bankshares
Simmons First National
First Busey Corp /NV/
FB Financial
Glacier Bancorp
Enterprise Financial Services
Customers BancorpNot disclosedNot disclosed
First BancorpNot disclosedNot disclosed
First Financial BancorpNot disclosedNot disclosed
Lakeland FinancialNot disclosedNot disclosed
Northwest BancsharesNot disclosedNot disclosed
Old National BancorpNot disclosedNot disclosed
Park National CorporationNot disclosedNot disclosed
RenasantNot disclosedNot disclosed
Trustmark CorporationNot disclosedNot disclosed
WesbancoNot disclosedNot disclosed
19 companies

Changes by year

FY2025 (Dec) proxy

  • RemovedHeartland Financial USA, Inc.pay peer groupHeartland Financial USA, Inc., which was part of the Company's peer group in 2024, was removed from the peer group as it was acquired by another financial institution in January, 2025

The comes from the company's proxy. CEO pay and of each company come from its own Pay versus Performance table for the same fiscal year. Each company counts TSR from its own start year, so two values compare only when the start years match.